So once all this Other Stuff Happens, what Happens Next is Cold Storage. For example, You could have a Cold Storage Wallet (Basically a Password), that is engraved on the Inside of a Ring on Your Finger, or Hidden Printed on some Other Piece of Metal. It could be a Sword Imbued with Bitcoin. But this kind of Thing is what is going to Raise the Price of Bitcoin once we get Past the Mining Education.
And now, there is a Big Mining Infrastructure, and it's not going away. So that will Grow, and Everyone will Start getting more and more invested, as a Species that is. And Eventually the Price will Reach $100,000 and $1,000,000, it just might Take 100 Years. But $100,000 Probably isn't 100 Years away.
Happy to hear that you have been invested in Bitcoin at such a early stage. Making such kind of returns like you did are life changing and you should be proud of yourself. It's good to try and learn from the past and take this as a basis for the future development of bitcoins, but it's not a guarantee that the price is going to move in a similar pattern. Especially the sudden price rise in 2024 shows how quickly the conception of Bitcoins are going to change. I always expected that once a new ATH is reached there will be a big sell off from people that take profits. The sell off this year was quite small and the Bitcoin price did well to stay above 60,000 USD. That is why I think that the 100,000 USD level is going to be broken fairly quickly. As for the 1 million level it's going to take much longer, 100 years might be a bit much, but 20 years seems more realistic for me.
2024 is Definitely a Lesson for Everyone, and we could say 2022-2024, much like when we all Learned about Bear Whale, who was Keeping the Price Low for Years. If anyone doesn't know who Bear Whale is, or what his name means, it's not a Nickname he chose for himself and I'm not sure anyone knows his name. But it was someone who got a bunch of Bitcoins for Free by Mining Early Early, or he bought them all at $0.25 each or something, but he was a Person that was willing to Sell his Coins for about 10% of what he could have, just to Lower the Price to 10% of what it was. He would Lower the Price, and it would SCARE THE SHIT out of Everyone, and they would "Sell, Sell, Sell" in Fear, which is FUD, Fear, Uncertainty and Doubt. And so what Bear Whale means is he is a Whale (has many Bitcoins) and a Bear (Likes to Buy Coins when they are at their Lowest Price, instead of as they go up and up). And Bear Whale was a Lesson for Everyone, and in 2024 there was a Similar Lesson. We actually Started a Recession this Time with FUD, FUD Started a Recession. World Wide in all Currencies, when Bitcoin went to $20,000 the Entire World Economy Collapsed. El Salvador had said when the Bitcoins were $60,000 each "We have lost so much" and Binance came in to support them, and then the Floor Dropped out. And Bitcoins Started Falling, and it seemed like there was no Floor and it would Fall forever, until it hit $20,000 and People decided that was Cheap enough to Buy some.
But then most People Walked around saying "Bitcoin is Dead!!!" at $20,000. So it has been a Lesson for a lot of People, just to see it back now above $65,000.
I think 100k$ is not so hard but it will also take time may be till the end of this year or next year but hopefully it will become true very soon. 1M$ will takes so many years so it's not a matter of one or two year. May be some more halving will bring bitcoin to this value so we have to wait for years.
Actually everything needs time and without a proper timing achievement is not easy so you will be patience in order to face fruitful circumstances. Now bitcoin is 68k$ very near to 70k$ so 100k$ will achieved till the end of this year.
Definitely, I would say if You CAN'T give up the Money You are Spending on Bitcoin, that is Give that Money up for 3 Years. If You will NEED that Money Back before 3 Years, don't even get Bitcoins. And Really that 3 Years should be 100 Years. If You need Your Money back in the next 100 Years, don't Buy Bitcoins. Do something else, get more Money, then Buy Bitcoins.